Worst investment ever25 Dec 2022 13:59
I must admit that I started buying GSK around 2010 thinking from dividend & growth perspective. Most of my buying has been between 14-17£ and I accumulated quite a few over number of years. I still remember AZ share price around £30's at that time which I foolishly declined to make any investment. Fast forward 12 years, yes GSK has been giving me constant dividend but if you factor in all the inflation + no capital appreciation, I do feel it's the worst investment ever. I am not sure who in city banks are making money with GSK and how the inept management team has been allowed to continue for so long without any questions. I may look to wait for 2023 where number of people have high hopes and will make a decision after that to sell